Huron Consulting Group (NASDAQ:HURN) Rating Reiterated by Benchmark

Benchmark reaffirmed their buy rating on shares of Huron Consulting Group (NASDAQ:HURN) in a research report report published on Monday, Benzinga reports. Benchmark currently has a $140.00 price target on the business services provider’s stock.

HURN has been the subject of a number of other research reports. Barrington Research restated an outperform rating and issued a $133.00 price objective on shares of Huron Consulting Group in a report on Tuesday, May 28th. Truist Financial restated a buy rating and issued a $140.00 price target on shares of Huron Consulting Group in a research note on Thursday, May 16th. Finally, Wedbush reaffirmed an outperform rating and set a $110.00 price objective on shares of Huron Consulting Group in a research report on Thursday, May 23rd. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the company has an average rating of Moderate Buy and an average price target of $130.75.

Huron Consulting Group Stock Performance

NASDAQ:HURN opened at $97.69 on Monday. The stock has a market capitalization of $1.76 billion, a P/E ratio of 28.15 and a beta of 0.61. The company has a debt-to-equity ratio of 1.13, a quick ratio of 2.40 and a current ratio of 2.40. Huron Consulting Group has a fifty-two week low of $77.99 and a fifty-two week high of $113.31. The company has a 50 day moving average price of $91.98 and a 200 day moving average price of $96.98.

Huron Consulting Group (NASDAQ:HURN) last issued its quarterly earnings data on Tuesday, April 30th. The business services provider reported $1.23 earnings per share for the quarter, beating analysts’ consensus estimates of $0.88 by $0.35. The business had revenue of $355.96 million during the quarter, compared to analysts’ expectations of $348.80 million. Huron Consulting Group had a return on equity of 19.21% and a net margin of 4.67%. The company’s revenue was up 12.0% on a year-over-year basis. During the same period in the previous year, the firm posted $0.87 earnings per share. Equities research analysts forecast that Huron Consulting Group will post 5.83 EPS for the current year.

Insider Activity

In other Huron Consulting Group news, Director John Mccartney sold 300 shares of Huron Consulting Group stock in a transaction dated Monday, June 3rd. The stock was sold at an average price of $89.00, for a total transaction of $26,700.00. Following the completion of the sale, the director now directly owns 57,988 shares of the company’s stock, valued at approximately $5,160,932. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In the last three months, insiders have sold 2,159 shares of company stock worth $203,549. 2.20% of the stock is currently owned by corporate insiders.

Institutional Trading of Huron Consulting Group

Institutional investors and hedge funds have recently made changes to their positions in the company. Principal Securities Inc. purchased a new position in Huron Consulting Group in the 4th quarter valued at $25,000. Covestor Ltd boosted its holdings in shares of Huron Consulting Group by 26,500.0% in the first quarter. Covestor Ltd now owns 266 shares of the business services provider’s stock valued at $26,000 after acquiring an additional 265 shares in the last quarter. International Assets Investment Management LLC acquired a new position in shares of Huron Consulting Group during the fourth quarter worth about $42,000. Quest Partners LLC purchased a new position in Huron Consulting Group during the fourth quarter worth about $97,000. Finally, Headlands Technologies LLC raised its holdings in Huron Consulting Group by 2,020.0% during the fourth quarter. Headlands Technologies LLC now owns 954 shares of the business services provider’s stock worth $98,000 after purchasing an additional 909 shares in the last quarter. 93.90% of the stock is owned by hedge funds and other institutional investors.

About Huron Consulting Group

Huron Consulting Group Inc, a professional services firm, provides consultancy services in the United States and internationally. It operates through three segments: Healthcare, Education, and Commercial. The Healthcare segment provides financial and operational performance improvement consulting services; digital offerings, spanning technology and analytic-related services; software products; organizational transformation services; revenue cycle managed and outsourcing services; financial and capital advisory consulting services; and strategy and innovation consulting services to national and regional health systems, academic and community health systems, federal health system, public, children's and critical access hospitals, physician practices and medical groups, payors, and long-term care or post-acute providers.